While new EVs start from about $40,000, used EVs are available for close to $10,000, although the bulk of the action is between $30,000 and $70,000.The high-voltage battery is the most expensive part of an EV and can cost tens of thousands of dollars to replace. While they’re designed to last the life of the vehicle, as with a phone or laptop, all batteries will lose their ability to hold a charge over time.
A car that’s travelled a long way has cycled its battery pack more, so will probably have lost more capacity. Similarly, older batteries will probably have more degradation.One thing that’s less critical in an EV is service history.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: